Google acquires Intuit?
https://www.ftc.gov/enforcement/premerger-notification-program/early-termination-notices/20210028 What does this mean? UPDATE: False Alarm. I read this incorrectly. Google Ventures (Alphabet investment company) is selling its small stake in Credit Karma to Intuit because Intuit acquired Credit Karma. Nothing to do with Google at all really.
I can’t seem to find any news commentary. Seems like this isn’t happening. I mean would google really be proceeding with mergers during an antitrust suit?
This will suck
Welcome to google !!!
Dint Intuit buy credit karma , wow google
Google Capital was an early investor of Credit Karma https://www.creditkarma.com/about/releases/google-capital-leads-investment-in-credit-karma
Interesting google shows big interest towards Equifax too 🤔
Source??
Intuit is buying Credit Karma with partial cash and partial INTU stock. Therefore the investors (Google Capital) are receiving Intuit stock
Google now has all that mint/ TurboTax data.
Plus quickbooks, quicken, credit karma, etc. I wonder what the game plan is with all that data...I mean, Google isn’t exactly good at purchasing and improving or maintaining products. I would imagine they’d be after the data and they’d divest the software products. Idk. Intuit wasn’t a company I was very comfortable with already with so this “news” has me kind of indifferent. Nowadays there are no disinterested third parties that aren’t trying to sell you something or sell your data. Always an angle I wonder if Yodlee and even the credit rating agencies Moodys, Standard and Poors, D&B, etc would be a similar targets of tech on the prowl.